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North Carolina legislators have introduced a pair of bills that could pave the way for the state’s retirement funds to include cryptocurrency, including Bitcoin, as part of their investment portfolios. Filed in both the House and Senate, the proposed legislation — titled the Investment Modernization Act (House Bill 506) and the State Investment Modernization Act…

Custodia Bank and Vantage Bank have announced the launch of what they describe as the first-ever U.S. bank-issued stablecoin deployed on a permissionless blockchain. On March 25, Custodia revealed that it had tokenized U.S. dollar demand deposits and issued the stablecoin “Avit” on Ethereum using the widely adopted ERC-20 token standard. “A new U.S. dollar…

Paul Atkins, President Donald Trump’s nominee to lead the US SEC, has disclosed up to $6m in crypto-related investments as part of his official ethics filing—offering the clearest picture yet of the incoming chair’s financial ties to the digital asset space. The disclosure was released Tuesday by the Office of Government Ethics ahead of his…

Crypto assets, once dismissed as the Wild West of finance, have found their way into institutional investment strategies. Per a recent survey by Coinbase and EY-Parthenon, 86% of institutional investors surveyed said they had exposure to digital assets or planned to make allocations to cryptocurrencies in 2025. Besides, thanks to the evolving regulatory landscape worldwide,…

Controversial crypto influencer Ben Armstrong, aka BitBoy, has been arrested in Florida days after he disclosed on social media that an arrest warrant was out for him. Florida’s Volusia County Division of Corrections recorded Armstrong as a fugitive from justice and confirmed his arrest on March 25 at 7:18 PM local time. In a March…

The US SEC has dropped its investigation into Web3 gaming company Immutable, deciding not to pursue any enforcement action over its IMX token, the company said. The Australia-based firm announced the development Wednesday, marking another win for crypto companies that had faced intense regulatory scrutiny under the agency’s previous leadership. “Today we are happy to…

GameStop is diving back into the crypto waters. The video game retailer announced Tuesday that its board of directors has unanimously approved the addition of Bitcoin to the company’s treasury reserves — a move that places the once-meme-stock darling alongside a growing list of companies looking to position themselves for a digital future. The company…

The mobile-first blockchain Celo has completed its transition to Ethereum Layer-2 after two years of development, as the last step on its path from an individual blockchain to an interoperable network. Celo has migrated to an Ethereum Layer-2 on Optimism’s OP Stack. It is leveraging EigenDA, the data availability protocol developed by EigenLayer. Thanks to…

A Russian ministry has issued a warning, claiming that fraudsters are using malware to infect citizens’ smart home devices with crypto mining malware. The Russian newspaper Izvestia reported that the Ministry of Internal Affairs says hackers try to “infect devices with malware” and “create a network” of smart devices. Russian Ministry Explains How to Avoid…

Short Term Elliott Wave view in CADJPY suggests pair ended cycle from 11.20.2024 high in wave (W) at 101.35 as the 1 hour chart below shows. Pair is looking to correct cycle from 11.20.2024 high within wave (X). Internal subdivision of wave (X) is unfolding as a double three Elliott Wave structure. Up from wave…